The Great Recession has made clear the negative impact of large banks on our country. Had Lehman Brothers possessed fewer assets, the effects of its collapse could have been more easily contained.
To remedy this problem, let us forbid banking institutions from forming conglomerations across state lines. For instance, Bank of America becomes fifty banks: the Bank of Texas, the Bank of Massachusetts, the Bank of Arizona, and so on for all national banking chains. This prevents them from growing to such a large size that they can threaten the health of our national economy. It also reduces their influence on politicians through monetary contributions.
The appeal is simple: Reduce the size of the banks. No private organization should have the power to crater the world's largest economy